XML 32 R17.htm IDEA: XBRL DOCUMENT v3.3.1.900
Intangibles, Net
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles, Net

9. Intangibles, net

Intangibles, net consisted of the following:

 

     December 31, 2015  

(in thousands)

   Cost      Accumulated
amortization
     Net      Amortization
Method
 

Trademarks

   $ 13,540       $ 6,934       $ 6,606         Straight-line   

Customer relationships

     100,737         88,564         12,173         Accelerated   

Other patents

     42,780         41,063         1,717         Straight-line   
  

 

 

    

 

 

    

 

 

    
   $ 157,057       $ 136,561       $ 20,496      
  

 

 

    

 

 

    

 

 

    

 

     December 31, 2014  

(in thousands)

   Cost      Accumulated
amortization
     Net      Amortization
Method
 

Trademarks

   $ 13,540       $ 5,116       $ 8,424         Straight-line   

Customer relationships

     105,373         88,931         16,442         Accelerated   

Other patents

     42,780         40,455         2,325         Straight-line   
  

 

 

    

 

 

    

 

 

    
   $ 161,693       $ 134,502       $ 27,191      
  

 

 

    

 

 

    

 

 

    

The Company recorded amortization expense for its intangible assets of $6.0 million, $7.6 million and $14.4 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Expected future amortization expense related to the intangible assets is as follows (in thousands):

 

Years ended December 31,

      

2016

   $ 5,165   

2017

     3,386   

2018

     2,683   

2019

     1,832   

2020

     1,592   

2021 and thereafter

     5,838   
  

 

 

 
   $ 20,496   
  

 

 

 

Changes in the gross carrying amount of intangible assets for the year ended December 31, 2015 and 2014, were as follows (in thousands):

 

(in thousands)

      

Balance at December 31, 2013

   $ 162,618   

Effect of currency translation

     (925
  

 

 

 

Balance at December 31, 2014

     161,693   

Intangible assets held for sale

     (3,188

Effect of currency translation

     (1,448
  

 

 

 

Balance at December 31, 2015

   $ 157,057